New Delhi, Sept. 16 -- India has emerged as one of the most cost-efficient markets for data centre development in the world, highlighting the country's strong growth potential in this sector, according to a report by Kotak Mutual Fund.

The report said that the data centre development cost in India stands at USD 7 per watt (USD/W), which is one of the lowest among major economies. Only China has a lower cost than India at USD 6 per watt.

In comparison, the cost in Japan is around USD 14/W, in the UK it is USD 11/W, while in the USA, South Korea and Australia it is around USD 10/W.

It stated "Data centre development cost ($/W) is one of the lowest in India at $7/W with only China's cost being lower".

The relatively low development cost ...